Saudi Aramco awarded LTHE and EMAS AMC an EPCI Project contract for 28 jackets. [Read more…] about Delivery of 28 jackets
Saudi Aramco, which is buying 20 per cent in the oil and petrochemicals business of Reliance Industries NSE 1.22 %, has emerged as the world’s most profitable company with a staggering bottom line of $111 billion last year, surpassing the combined profits of giants like Apple, ExxonMobil and Royal Dutch Shell. [Read more…] about Saudi Aramco said its net profit in the first half of 2019 rose to $46.9 billion.
McDermott International, has announced that it has been awarded a contract in excess of $3 billion for Package 1 of Saudi Aramco’s Marjan Increment Development Mega-Project to provide engineering, procurement, construction and installation (EPCI) of the Gas-Oil Separation Plant (GOSP), in a consortium with China Offshore Oil Engineering Company (COOEC). [Read more…] about McDermott wins record EPCI mega-project for Marjan Package 1
McDermott International announced today a contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan field, offshore Saudi Arabia. [Read more…] about McDermott awarded substantial offshore EPCI contract from Saudi Aramco
Saipem has been awarded two EPIC contracts (Engineering, Procurement, Installation, Construction) assigned by the client Saudi Aramco for a total amount of approximately 1,3 billion USD. [Read more…] about Saipem awarded two new offshore contracts from Saudi Aramco
A.Hak Industrial Services Middle East has secured the largest contract in the history of the company.
[Read more…] about A.Hak Industrial Services signs its largest contract to date
Saudi Arabia’s state oil giant Saudi Aramco plans to invest more than US$300 billion in the next 10 years in oil and gas as it looks to counter the effects of investment decline and a potential energy shortage, its chief executive said.
[Read more…] about Saudi Aramco plans $300 bln in investments to counter decline
Larsen & Toubro, in consortium with Emas Chiyoda Subsea, has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Arabian oil giant Saudi Aramco.
[Read more…] about L&T and Emas Chiyoda award 2 more contracts for total of 3 ongoing
Saudi Aramco expects oil prices to rebound in the first half of 2017 and for demand to remain healthy following two years of painfully low prices, the state-owned producer’s Chief Executive Officer Amin Nasser recently said.
[Read more…] about Saudi Aramco CEO expects oil price rise in 1st-half 2017
Saudi Aramco discovered three new oil fields last year, the company disclosed in its annual review, including the offshore Faskar accumulation, close to the Berri field.
[Read more…] about Saudi Aramco Discovers Three New Oil Fields and Debuts Rigless Intervention